ECONOMY AND INDUSTRY

The Great Atlanta Boom AND WHAT THAT MEANS FOR YOU By: Kristin Bird

What kind of Businesses to Expect Sure, we didn’t get Amazon, but we still have plenty of other Fortune 500 companies who were more than happy to put down roots here. Georgia was ranked #9 on the list of top ten states to move to for a job, but don’t start clearing ground for your office building yet, the types of jobs to look out for might surprise you.

1. Tech Jobs We really have the Georgia Tech Research Institute to thank for the beginning of the tech boom here in Atlanta. Since their founding, we have become 7th in the nation for tech companies, and the 3rd for U.S. startups.

2. Film Production In previous years, Georgia has surpassed Hollywood in film and TV production. Just to give you an idea of how largely this affects our state, in 2017, Georgia filmmaking had an economic impact of $9.5 Billion.

What kind of Real Estate to expect The employees these two industries bring to Georgia are young, lively professionals who are looking for the work life balance they weren’t finding in other large cities. So, because most of these tech jobs have the capacity for it, they will be looking to work remotely. Hopefully, this will keep an increase in traffic to a minimum as we grow our population. (One can dream right?) But the trouble is, remote work is also lonely work, which is why we have also seen and will continue to see an increase in the need for Workshare spaces.

Because film crews can now afford to shoot on location in Georgia as opposed to a studio on a lot, crew members will be residing in the area of filming for months on end. Which means that even rental properties with a 6 month lease might still be too long for them. They will need affordable month-to-month options to keep the costs of the productions down as well as local community amenities for the crew members who are on the road for most of the year.

The Great Atlanta Boom AND WHAT THAT MEANS FOR YOU

Atlanta was recently ranked 8th in the nation as one of the fastest growing cities in the U.S., with an average of 36 new Georgia residents each day. Now while these numbers can seem a bit staggering, we’re wading through the murky waters to tell you what you can expect, and what our peaches should start preparing for.

What the surrounding areas can expect In a word: people. In 2017, the Atlanta metro had the 3rd highest population gain, (Right behind Dallas and Houston) and the amount of people living in Atlanta is projected to almost double by 2050. Building a decent infrastructure and extending the MARTA are key strategies in preventing gridlock later down the road.

While all the surrounding counties of Atlanta have grown more than 10% since the Great Recession, Forsyth Country continues to be the leader as the fastest growing in Georgia. Major cities such as Toccoa, Carrollton, Ronne, Augusta, Statesboro, Hinesville and Columbus have all invested in revitalizing their downtown areas in anticipation to attract young professionals. Plus, there has already been an uptick in wineries and breweries in North Georgia over the past few years and you can expect to see more.

About the Author: “Kristin Bird is an Atlanta based freelance writer who specializes in Marketing and Communications. After earning her degree from Stony Brook University, Kris has been working as a science fiction and fantasy novelist for the past decade.”

What an exciting time to live in Georgia and to be a part of the great Atlanta boom! For more updates and tips on how to stay ahead of the trend, please visit our webpage for more.